The production possibilities frontier is the boundary between the combinations of goods and services that __ given the available factors of production and the state of technology. A. we want to produce but cannot consume B. can be produced and the prices paid for those C. can be produced and the combinations that cannot be produced D. we want to produce and what we want to consume Production efficiency is a situation in which the economy is getting all that it can from its resources and __ produce more of one good or service without producing __ of something else A. cannot; more B. cannot; equal C. cannot; less D. can; less

## Step 1:<br />The production possibilities frontier (PPF) is a curve that is used in economics to represent the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently utilized. <br /><br />## Step 2:<br />The PPF is the boundary between the combinations of goods and services that can be produced and the combinations that cannot be produced, given the available factors of production and the state of technology. This is because the PPF represents the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently utilized.<br /><br />## Step 3:<br />Production efficiency is a situation in which the economy is getting all that it can from its resources. This means that it is impossible to produce more of one good or service without producing less of something else. This is because resources are limited and must be allocated efficiently to achieve the maximum output.